warren7737

Major banks have reportedly made proposals to the Fed on how to pay for the restructuring of large financial institutions that collapse, with the idea being to avoid the chaos that followed Lehman's bankruptcy. Among the suggestions, the largest financial-services holding companies would maintain combined debt and equity equal to 14% of their risk-weighted assets, which would be used to support any failed bank unit seized by regulators. [View news story]

no institution should be allowed to become so large that other {tax payers} should have to bail them out from there lack of performance or inability to perform. take them apart, split the business up. they will perform better that way , history tells us.